Lip and Face Oil Market Size, By Product Type (Lip Oils, Face Oils), By Packaging, By Price Range (Low, Medium, High), By Consumer Group, By Distribution Channel, Region, and Forecast 2024

Description

The Lip and Face Oil Market size will exhibit 4.2% CAGR during 2024-2032, driven by an increased focus on clean beauty and Eco-friendly skincare solutions. According to ESW, approximately 68% of consumers express a preference for purchasing skincare products made with clean ingredients. Consumers are becoming cognizant of potential harm synthetic chemicals can cause and are seeking products that are safe, natural, and sustainably sourced. They are prioritizing health and environmental impact in their purchasing decisions. Brands are responding by formulating lip and face oils with organic ingredients, free from parabens and sulfates. Eco-friendly packaging, such as recyclable or biodegradable materials, is also becoming a key selling point.

Further, the growing trend of at-home spa experiences and DIY beauty routines will bolster the product demand. Lip and face oils, known for their nourishing and hydrating properties, are becoming essential components of these personalized beauty regimens that offer convenience and cost-effectiveness, adding to the industry revenue.

The lip and face oil industry is classified based on product, packaging, price range, consumer group, distribution channel, and region.

The lip oils segment will gain significant traction through 2032, due to their unique benefits and versatility. Lip oils are formulated to provide intense hydration, a glossy finish, and nourishing properties, making them a popular choice for consumers seeking both beauty and skincare benefits. These oils often contain a blend of botanical oils, vitamins, and antioxidants that enhance lip health, reduce dryness, and improve texture. The trend towards glossy, plump lips has boosted the popularity of lip oils, positioning them as a staple in contemporary beauty routines.

The high price range segment will account for a decent market share by 2032, driven by the rising demand for premium skincare products. Consumers are increasingly willing to invest in high-quality, luxury skincare items that promise superior efficacy, exclusive ingredients, and innovative formulations. High-end lip and face oils are often enriched with rare botanical extracts, cold-pressed oils, and advanced skincare technology, offering enhanced benefits such as long-lasting hydration, anti-aging effects, and radiant skin.

Europe lip and face oil industry size will expand at a notable pace during 2024 to 2032, driven by the strong emphasis on skincare innovation and sustainability. European consumers are increasingly adopting skincare routines that prioritize natural ingredients, clean formulations, and Eco-friendly packaging. The booming beauty & wellness sector, coupled with the presence of numerous renowned skincare brands, enhances the growth prospects. Additionally, the rising trend of at-home spa experiences and the growing demand for multifunctional skincare products are further propelling the adoption of lip and face oils across Europe.

Product Code: 9926

Chapter 1 Methodology & Scope

1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Technological overview
3.5 Regulatory landscape
3.6 Impact forces
- 3.6.1 Growth drivers
  - 3.6.1.1 Rising consumer disposable income
  - 3.6.1.2 Growing awareness of eye health
  - 3.6.1.3 Changing consumer preferences
- 3.6.2 Industry pitfalls & challenges
  - 3.6.2.1 Counterfeit products
  - 3.6.2.2 Changing consumer preferences
3.7 Growth potential analysis
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product Type, 2021-2032 (USD Million) (Millions/Square Feet)

5.1 Key trends
5.2 Lip oils
- 5.2.1 Tinted lip oils
- 5.2.2 Clear lip oils
- 5.2.3 Plumping lip oils
5.3 Face oils
- 5.3.1 Hydrating face oils
- 5.3.2 Anti-aging face oils
- 5.3.3 Brightening face oils
- 5.3.4 Others (balancing face oils, calming face oils)

Chapter 6 Market Estimates & Forecast, By Packaging, 2021-2032 (USD Million) (Millions/Square Feet)

6.1 Key trends
6.2 Dropper bottles
6.3 Pump bottles
6.4 Roll-on bottles
6.5 Squeeze tubes
6.6 Stick containers
6.7 Others (airless pump bottles, etc.)

Chapter 7 Market Estimates & Forecast, By Price Range, 2021-2032 (USD Million) (Millions/Square Feet)

7.1 Key trends
7.2 Low
7.3 Medium
7.4 High

Chapter 8 Market Estimates & Forecast, By Consumer Group, 2021-2032 (USD Million) (Millions/Square Feet)

8.1 Key trends
8.2 Men
8.3 Women
8.4 Kids

Chapter 9 Market Estimates & Forecast, By Distribution Channel, 2021-2032 (USD Million) (Millions/Square Feet)

9.1 Key trends
9.2 Online
- 9.2.1 E-commerce
- 9.2.2 Company website
9.3 Offline
- 9.3.1 Supermarkets and hypermarkets
- 9.3.2 Specialty stores
- 9.3.3 Other retail stores

Chapter 10 Market Estimates & Forecast, By Region, 2021-2032 (USD Million) (Millions/Square Feet)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Russia
- 10.3.7 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 The Estee Lauder Companies Inc.
11.2 L'Oreal S.A.
11.3 Procter & Gamble Co.
11.4 Unilever
11.5 Shiseido Company, Limited
11.6 Johnson & Johnson
11.7 Beiersdorf AG
11.8 Clarins Group
11.9 Amorepacific Corporation
11.10 Coty Inc.
11.11 The Clorox Company
11.12 The Body Shop International Limited
11.13 Kiehl's LLC
11.14 Tata Harper Skincare
11.15 Herbivore Botanicals LLC

Lip and Face Oil Market Size, By Product Type (Lip Oils, Face Oils), By Packaging, By Price Range (Low, Medium, High), By Consumer Group, By Distribution Channel, Region, and Forecast 2024 - 2032